Brazil's 2011 Oil Royalties Surge On Higher Prices, Output

[NewsWhore]

Higher international oil prices and greater domestic crude production helped boost royalty payments to Brazil's states and cities by more than a third in 2011, according to data from the ...

More... (http://story.brazilsun.com/index.php/ct/9/cid/24437442923341f1/id/202536125/)